Transportation costs for business inventory

Robinson

Nairobi, Kenya

100% repaid

Entrepreneur

Name

Robinson

Member since

December 2018

On-time repayments

89 installments  •  69%

About Me

I have been in the business of purchase and sale of electrical and electronics items /gadgets for profit making. It is for the purposes of expanding the business that I have come to zidisha to ask for a helping hand.

My Business

I am in the business of purchase and sale of electrical and electronics items with the motive to make profits. I purchase the items from wholesalers and sell at retail price which includes my profit margins. This has seen the business grow to the point where I am. I started from a very humble background of selling the items across the streets (hawking) and until I had enough to open a retail store.

Loan Proposal

This loan disbursement will reduce my expected cash outlays on inventory transport from suppliers as this is a bottleneck to the growth of the business and I will instead use this money saved to increase inventory. This must increase my net worth and returns.

Feedback

None

None

None

Loan Info

Project Type

Classic Loan

Disbursed amount

$17.00

Date disbursed

Jan 12, 2019

Repayment status

On Time

Projected term

2 weeks

Lenders

John Minges

United States

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